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The concept of professional judgement-making informed decisions about courses of action that are appropriate in the circumstances-underpins the accounting profession. Discuss how heuristics/biases and culture

The concept of professional judgement-making informed decisions about courses of action that are appropriate in the circumstances-underpins the accounting profession. Discuss how heuristics/biases and culture can influence accountants’ decision making with reference to specific judgements that are typically made by accountants.

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Heuristic means the process of solving problem it is used in finding solution to difficult problems more quickly It enables accountant to avoid biases ... blur-text-image

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